Business Opportunity – “Turn Key Business”
Salem Hills Golf & Country Club – Sells As Unit with All the Maintenance & Restaurant Equipment
147.5 Acres – 18 Hole Golf Course – Two Putting Greens – Golf Driving Range – 18,945 Sq. Ft. Club House – Large Commercial Equipped Kitchen – Restaurant – Lounge – Pro Shop – Private Party Rooms – Grille Room – 2nd Level Banquet Facility – Locker Rooms – Storage and Maintenance Building – In-ground Pool – Irrigated Course with 5 1/2 Miles of Asphalt Cart Paths – 9 Lakes – Large Parking Lot – D-6 Liquor License – City Sewer – Goshen Twp – Mahoning County

Absolute auction, owner retiring after many years of business, all sells to the highest bidder on location:

12688 Salem Warren Rd Salem, OH 44460

Wednesday, March 02, 2016  Auction Starts: 12:30 PM    -   Real Estate: 12:30 PM

Directions
Take Rt 45 Salem Warren Rd. south of Rt. 224 or Rt 45 just north of Salem. Watch for KIKO signs
Real Estate: 147.5 acre irrigated 18 hole course with paved cart paths, 9 ponds, lighted scoreboard area, 18,945 Sq Ft air conditioned club house with FA gas heat, main part built in 1960’s with additions in 1980’s & 1990’s. Brick and vinyl exterior. Comprising of lounge area with snack bar and and dining area with 70+ seating area, TV’s, fireplace, cathedral ceiling, restrooms, billiard room, small card room, private field day house dining area with 70 seating capacity with outside grilling area, small prep area, restrooms. Public restaurant with 2 dining areas both with 50 seating capacity, one with fireplace. Small private party room with seating up to 15. Large commercial kitchen with access to all dining areas with Ansul system, ovens, fryers, sm. range, prep table, ice machine, walk in coolers & freezers, basement area with his & her locker rooms with showers, dressing rooms, plus open lounge area. Large 2nd level basement facility with private entrance, seats up to 140 with private restrooms. Additional 4,000 Sq Ft storage building – maintenance pole building plus heated shop area with overhead loft. Large black top parking lot. City sewer – drilled water well.

Note: The course sells at a unit with all the maintenance equipment and furnished club house and kitchen, D-6 liquor license. Shown by appointment only or sale day from 10 AM till auction time. Facility just closed in December.

Terms and Conditions:
10% down auction day, balance due at closing. Buyer's premium of 10% to be added to the final bid to establish the purchase price. Potential bidders must have a letter of credit of $50,000 to obtain a bidders number. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.

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Auctioneer/Realtor: Russell T. Kiko Jr. C.A.I.
Email: rustykiko@kikocompany.com
Office: 330-455-9357 ext 115
Mobile: 330-495-0923
Fax: 330-453-1765
Auctioneer/Realtor: Randall L. Kiko
Email: randallkiko@kikocompany.com
Office: 330-455-9357 ext 158
Mobile: 330-831-0174
Fax: 330-453-1765

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